I too was left with all the debt after my long-term partnership blew up. Now, four years later, I have written a book on how to set up a healthy partnership. "Partnership or Partnersh*t: You Decide. How to Build your Business Partnership on the Strongest Foundation There Is—A Human Foundation" is the culmination what I learned after a good partnership went bad. In the end, it's a process to begin, maintain and then properly exit a partnership once it has run its course.

After all this, I am still a huge fan of partnerships. A great one is a huge business asset.